ExchangeDEX+

Buy Crypto Markets Spot Futures500X Earn Events

2025 Recap

Canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it launch on Thursday. The first US-based exchange-traded fund (ETF) to directly hold XRP could hit the market as soon as Thursday, after crypto investment firm Canary Capital filed key documents for its fund.Bloomberg senior ETF analyst Eric Balchunas said on Tuesday that Canary had filed a Form 8A with the Securities and Exchange Commission on Monday night, which must be lodged before securities are offered on an exchange.Balchunas said the filing “points to launch tomorrow or Thursday” as Form 8A filings for Hedera (HBAR) ETFs saw those funds launch the next day.“Not [a] done deal but all boxes being checked,” Balchunas added. “Stay tuned.”Read more Canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it launch on Thursday. The first US-based exchange-traded fund (ETF) to directly hold XRP could hit the market as soon as Thursday, after crypto investment firm Canary Capital filed key documents for its fund.Bloomberg senior ETF analyst Eric Balchunas said on Tuesday that Canary had filed a Form 8A with the Securities and Exchange Commission on Monday night, which must be lodged before securities are offered on an exchange.Balchunas said the filing “points to launch tomorrow or Thursday” as Form 8A filings for Hedera (HBAR) ETFs saw those funds launch the next day.“Not [a] done deal but all boxes being checked,” Balchunas added. “Stay tuned.”Read more

Canary Capital filing signals spot XRP ETF set for launch this week

2025/11/12 10:14

Canary Capital’s XRP ETF is set to be the first US-based fund to directly hold the token, following the company’s key SEC filing that could see it launch on Thursday.

The first US-based exchange-traded fund (ETF) to directly hold XRP could hit the market as soon as Thursday, after crypto investment firm Canary Capital filed key documents for its fund.

Bloomberg senior ETF analyst Eric Balchunas said on Tuesday that Canary had filed a Form 8A with the Securities and Exchange Commission on Monday night, which must be lodged before securities are offered on an exchange.

Balchunas said the filing “points to launch tomorrow or Thursday” as Form 8A filings for Hedera (HBAR) ETFs saw those funds launch the next day.

“Not [a] done deal but all boxes being checked,” Balchunas added. “Stay tuned.”

Market Opportunity

XRP Price(XRP)

$1.8983

$1.8983$1.8983

+1.91%

USD

XRP (XRP) Live Price Chart

Disclaimer: The articles reposted on this site are sourced from public platforms and are provided for informational purposes only. They do not necessarily reflect the views of MEXC. All rights remain with the original authors. If you believe any content infringes on third-party rights, please contact service@support.mexc.com for removal. MEXC makes no guarantees regarding the accuracy, completeness, or timeliness of the content and is not responsible for any actions taken based on the information provided. The content does not constitute financial, legal, or other professional advice, nor should it be considered a recommendation or endorsement by MEXC.